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Masdar, Infinity Power, Hassan Allam Utilities sign Land Access Agreement for 10GW mega wind project with Egyptian Government

ABU DHABI/ WAM Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, along with Infinity Power, the largest African renewable energy developer, and Hassan Allam Utilities, a sustainable infrastructure focused development and investment platform, have today signed a Land Access Agreement with the Egyptian Government for the consortium’s 10GW capacity onshore wind farm in Egypt, set ...

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UAE President receives Ruler of Ras Al Khaimah

ABU DHABI/ WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan today received at Qasr Al Shati in Abu Dhabi His Highness Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah. During the meeting, Their Highnesses engaged in brotherly conversations covering various topics concerning national affairs and the wellbeing of citizens. They ...

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Bright Capital Investment signs agreement with leading UK school, Reigate Grammar School to establish a group of premium British Schools in the UAE

DUBAI/ GULF TIME Bright Capital Investment has entered into a collaboration agreement with Reigate Grammar School International to establish a group of premium UK curriculum schools in the United Arab Emirates. Shaun Fenton OBE, Executive Headmaster of Reigate Grammar School, and Sean Davey, Global Business Director for Reigate Grammar School International were welcomed by Bright Capital Team in Dubai for ...

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“TASNEEF” participates in Abu Dhabi Global Healthcare Week

ABU DHABI/ GULF TIME The Emirates Classification Society “TASNEEF” participated in the first edition of Abu Dhabi Global Healthcare Week, held under the patronage of HH Sheikh Khalid bin Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, Chairman of the Executive Council of the Emirate of Abu Dhabi, under the slogan: “Accelerating Global Healthcare future”. The event was ...

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Bayanat reports AED113m revenues for Q1

ABU DHABI / WAM Bayanat, the ADX-listed public company and provider of AI-powered geospatial solutions, announced its results for Q1, reporting AED113 million in revenues, a 12% increase Year-over-Year. In a statement on Wednesday, the company said that revenue increased primarily due to the expansion of its market presence and its strong product range and service offerings. The company remains ...

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Tabreed reports AED468mn revenues in first quarter

ABU DHABI / WAM Tabreed, the UAE’s international district cooling company, released its consolidated financial results for the first three months, recording revenue increase to AED468 million compared to AED464 million in Q1 2023. In a statement, the company announced that Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) rose to AED272 million, up from AED268 million during the same ...

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UAE-based DP World enhances European trade with €130m investment in Romania

BUCHAREST / WAM DP World on Wednesday opened three major new sites in Romania, providing a significant boost to the country’s growing status as a key hub of European trade and enabling economic growth throughout the region. Constanta, the largest container port on the Black Sea, is now home to two new facilities following a €65 million investment: a 5-hectares ...

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